Porter 156 Unit 216

156 Porter St.

Porter 156, BPDA Income Restricted Condo Resales, one of the premiere loft residences in the city in thriving and convenient East Boston. All of the units at Porter 156 feature soaring ceilings and open loft-style floor plans. This condo features hard wood floors, oversized windows, central AC and a loft bedroom. Residents can enjoy the many building amenities which include on-site management, spacious common roof deck and parking. On the penthouse level of the building there is a stunning entertainment room with a full kitchen, which can be used by the residents of the building for meetings, functions, gatherings or just to relax at any time. It also features a flat screen TV and free wifi. Porter 156 is a pet friendly building with a brand new 40 acre multi-million dollar park directly behind the building.

Porter 156 is conveniently located in the heart of Jeffries Point within close walking distance to both the Airport Stop of the MBTA Blue Line as well as the Maverick Square stop. There are also great restaurants within a short walking distance including the renowned Santarpio’s Pizza and Ecco Restaurant and Lounge.

FEATURES

In Unit Washer & Dryer
Off Street Parking
Elevator
Roof Deck
Club Room
Loft Layout
City Views

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NEIGHBORHOOD

A diverse, energetic, close-knit area that also has quiet green spaces, the Jeffries Point-Airport neighborhood of East Boston sits just 10 minutes from downtown Boston. Commuters can take the Maverick station of the MBTA blue line to reach other parts of the city, while a bus shuttle from the airport MBTA station connects Jeffries Point-Airport to Logan International Airport. The area features a mix of modern-style condos and older multi-family homes for rent.

One of the defining landmarks of Jeffries Point-Airport, Piers Park provides residents an escape from city life right in their own neighborhood, with magnificent views of the Boston skyline. Stroll along the harbor, take in a free concert, or just sit back underneath the gazebo and watch the world go by. Afterwards, head over to cozy Ko Catering and Pies to enjoy a savory Australian meat pie on the patio.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Number of Bedrooms: 1 bedroom loft

Purchase Price: $390,274

BPDA Maximum Income Limit: 100% AMI

1 Household – $84,600 2 Household – $96,650

Maximum Asset Limit: $100,000
Does not include retirement

There will be no open houses. There will only be private showings.  Please complete this form if you would like to schedule a showing:  Showing Request Form

 

Current Condo Listings

Property# BedsPriceIncome Limit (AMI)Units Available
68 Church Green Townhomes2-Bedroom$282,000100%22
Cable Mills1-Bedroom$155,00080%2
The Preserve at Olmsted Green 2-Bedroom (ADA-M Units)$275,00080%2 (ADA-M Units)
The Preserve at Olmsted Green 3-Bedroom (ADA-M Units)$300,00080%4 (ADA-M Units)

NEXT STEPS

The next step is to request an application.

Free language assistance is available for those whose primary language is not English or have limited English proficiency. For more information or reasonable accommodations for persons with disabilities, please contact us.
 

FAQ / FREQUENTLY ASKED QUESTIONS

Income Questions:

How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.

I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.

I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.

I have children in school/college, how does this affect my application?
Income from children in school/college under the age of 18 is not considered towards the income of the household.

Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.

I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.

I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.

 Condominium Fee: $201 per month

Square Feet:  690 SF (does not include loft area)

Taxes: 2022 Gross Tax $3,606.72

What is the pet policy? Pets are allowed

Is there parking or storage with the unit? If so, what are the parking / storage #? Designated off street parking is available, # 204. No storage available Designated off street parking

 

 

 

 

Tel: 617-906-8660 – US Relay 711
Email: mzaric@maloneyproperties.com